“The Transnet Foundation has previously raised the issue of financial constraints with Safa and has today [December 14] officially informed Safa and the other trustees of its decision to exit the school. The foundation has expressed its commitment to assisting in getting new donors, to ensure that the exit is undertaken in a responsible manner. The trustees will therefore determine the final future of the school once this process has been concluded.
Safa chief executive Tebogo Motlanthe confirmed it had received the letter informing it of Transnet’s termination of sponsorship. “I’m out of the country but indeed I received the correspondence from Transnet. They cited their finances do not allow them to continue with the partnership and obviously this a huge blow,” Motlanthe said.
The School of Excellence has been in existence since 1994 and was seen as a viable development platform able to nurture future stars. Undoubtedly its biggest product was Pienaar, who went on to sign with Ajax Amsterdam and Everton. But over the years, the school has struggled to produce superstars but notably, players like Selaelo Rasebotja of SuperSport United and Pirates' Boitumelo Radiopane are counted among its latest products.
How Safa replaces Transnet, which confirmed it had"invested over R100m into the school in the past five years", could be a challenge given the association has battled to attract sponsorship over the past few years.
Would you pay for a bunch of losers...haai suka
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